Panera Bread
For Sale
Contact for pricing
Pending
1009 University Boulevard, Suffolk, VA 23435
Newly constructed café offered through a direct sale-leaseback structure.
Property Size4,300 SF
Lot Size1.09 Acres
Days on Market144
Property Features for 1009 University Boulevard
General Information
Standard status
Pending
Size
4,300 SF
Lot size
1.09 Acres
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Washington, D.C.
(202) 536-3700
Listed By:
Bryn Merrey · License #MD 646476
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 4:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Washington, D.C.
Investment Insights
Based on property information with market context.
A newly constructed Panera Bread café is planned at 1009 University Boulevard in Suffolk, Virginia. The building is designed to contain approximately 4,300 rentable square feet on an estimated 1.09-acre parcel.
The property is being offered through a direct sale-leaseback with Panera Bread. The café was scheduled to open in October 2019, providing a defined operating concept and established brand identity for the restaurant asset.
The property is being offered through a direct sale-leaseback with Panera Bread. The café was scheduled to open in October 2019, providing a defined operating concept and established brand identity for the restaurant asset.
Key Highlights
- Panera Bread café at 1009 University Boulevard, Suffolk, Virginia
- Direct sale‑leaseback with Panera Bread
- Approximately 4,300 rentable square feet of building space
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
535k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Shops & Services 26%
Apparel 18%
Groceries 18%
Kroger
Groceries
74,591 visits/mo
0.2 miles
Kohl's
Apparel
51,352 visits/mo
0.5 miles
Ross Dress for Less
Apparel
31,647 visits/mo
0.2 miles
Texas Roadhouse
Dining
31,549 visits/mo
0.2 miles
Michaels
Shops & Services
30,551 visits/mo
0.2 miles
Demographics for 23435, VA
32,597
Population
13,386
Households
2.4
Avg Household Size
38
Median Age
42%
College-Educated
95%
High-School Grad
35.7 sq mi
ZIP Area
913
Density / Sq Mi
$107,833
Median Household Income
$52,814
Median Earnings
$1,838
Median Rent
$374,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Newly constructed café offered through a direct sale-leaseback structure.
Where is this conventional restaurant located?
The property is located at 1009 University Boulevard Suffolk, VA.
What are key features of this property?
This property features: Panera Bread café at 1009 University Boulevard, Suffolk, Virginia; Direct sale‑leaseback with Panera Bread; Approximately 4,300 rentable square feet of building space
